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The Estimation of Complete Almost Ideal Demand System from Czech Household Budget Survey Data

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Abstract

The aim of this paper is to provide a reliable set of income, own-price, and cross-price elasticities of demand for the consumer goods, foods and alcohol beverages based on Almost Ideal Demand System model applied to the most relevant Czech data set of Household Budget Statistics. While we concentrate on the last stage of our complete demand system which is concerned with the demand for beverages, the estimates obtained in the first (all consumption goods) and second (food) stages of our model may be used for consumer demand analysis with respect to any consumption group considered in our model.

Suggested Citation

  • Karel Janda & Jakub Mikolášek & Martin Netuka, 2009. "The Estimation of Complete Almost Ideal Demand System from Czech Household Budget Survey Data," Working Papers IES 2009/31, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Dec 2009.
    • Handle: RePEc:fau:wpaper:wp2009_31
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    File URL: http://ies.fsv.cuni.cz/default/file/download/id/12478
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    Cited by:

    1. Cupák, Andrej & Pokrivčák, Ján & Rizov, Marian, 2015. "Food Demand and Consumption Patterns in the New EU Member States: The Case of Slovakia," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 63(4), pages 339-358.
    2. Lara Cockx & Nathalie Francken & Hannah Pieters, 2015. "Food and nutrition security in the European Union: Overview and case studies," FOODSECURE Working papers 31, LEI Wageningen UR.
    3. Andrej Cupák & Ján Pokrivčák & Marian Rizov, 2016. "Diverzifikácia spotreby potravín na Slovensku [Diversity of Food Consumption in Slovakia]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(5), pages 608-626.
    4. Marian Rizov & Andrej Cupak & Jan Pokrivcak, 2015. "Food security and household consumption patterns in Slovakia," LICOS Discussion Papers 36015, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    5. Marian Rizov & Anrej Cupak & Jan Pokrivcak, 2014. "Food demand patters in the new EU member states: The case of Slovakia," EcoMod2014 6959, EcoMod.
    6. Kamil Dybczak & Peter Tóth & David Voòka, 2014. "Effects of Price Shocks on Consumer Demand: Estimating the QUAIDS Demand System on Czech Household Budget Survey Data," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 64(6), pages 476-500, December.
    7. Pokrivcak, Jan & Cupak, Andrej & Rizov, Marian, 2015. "Household food security and consumption patterns in Central and Eastern Europe: the Case of Slovakia," 2015 Fourth Congress, June 11-12, 2015, Ancona, Italy 207287, Italian Association of Agricultural and Applied Economics (AIEAA).

    More about this item

    Keywords

    Almost Ideal Demand System; consumption; the Czech Republic; elasticity; price; spirits; tax; wine; beer;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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